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How To Pick The Best Enterprise Resource Planning System For Your Business

Today, many businesses make use of enterprise resource planning systems. This is solely for the reason that such systems make every day routine chores easier, leaving more human resources to get involved in strategic business decision making and management. The history of enterprise resource planning systems does not go that far back. Starting from the 1960s, these systems have developed through leaps and bounds, strengthened by need and financial gain, to become what multi-faceted systems they are today.

Today the market for enterprise resource planning systems is huge. With the incorporation of the internet, the latest trend in these software is a cloud ERP solution. With so many variations of the same product, one might find it daunting to decide upon an enterprise resource planning system for their organization. Here are some tips that you can follow to pick the best one for your company too.

Functional requirements

Not all businesses are the same. Therefore, there cannot be one enterprise resource planning software that fits all bills. For example, if you are a small scale business, you might have to look at ERP software companies. But, you cannot stop at that. This is only the beginning of a long process of customization. So when you pick your software, you need to look at how well it fits your business and whether it caters to all your functional requirements. For example, a clinical research company may have different functional requirements than a company into party supplies manufacturing, even if they are a small or medium scale companies. Therefore, ensure the degree of customizability and flexibility when it comes to your functional requirements.

Future scalability

Enterprise resource planning software do not come cheap. They are a huge investment to the company. Having made such a big investment, a company cannot afford to let go of the system in a years’ time or so. Whichever the system that you choose needs to be scalable in future. For example, a cloud ERP software might be the best thing that you can find in the market today. But what if something bigger and better comes along next year? Will your system be made redundant? Or will your system have the ability to scale up? This is something that you will have to look into seriously before making a decision.

Training and after sales support

Last, but not the least, an enterprise resource planning system takes time to get used to. It also takes a considerable amount of time to iron out the kinks. Therefore a good aftersales support program should be available, along with training modules. After all, you wouldn’t want to be stuck with a system that you don’t know how to use after spending so much of money!